Q. What is carbon credit

A
A permit which allows a country or organisation to produce certain amount of carbon emissions
B
The total set green house gas emission cause by a country or organisation
C
it is an application of emissions trading approach
D
none of these
Solution:
  • A permit which allows a country or organisation to produce certain amount of carbon emissions is called carbon credit.
  • One credit permits the emission of a mass equal to one ton of carbon dioxide.
  • Companies that pollute are awarded credits that allow them to continue to pollute up to a certain limit.
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